The board of the New York Racing Association met for the first time a year ago, but it wasn't until its eighth meeting Dec. 4 that its members offered significant disagreement to a proposal made by chair David Skorton.

The New York Racing Association is finalizing a "fresh look" budget for 2014 that will hike fees imposed on simulcast partners and raise prices for racetrack admission and parking while cutting a number of expenses.

Indiana lawmakers have passed a two-year, $28 billion budget that largely spares the horse racing and breeding industry, which was targeted for major reductions in the amount of revenue it receives from slot machines.

Operating revenue for the National Thoroughbred Racing Association was down 45.2% in 2009 from 2008, but expenses were down 47.5% year-to-year, leading the organization to suggest it should have a balanced budget for 2010.

The Thoroughbred Breeders' Association of New Jersey is reworking its 2010 budget, but in a Feb. 19 letter to Republican Gov. Chris Christie, the organization took issue with the governor's veto of the budget.

While Breeders' Cup is currently operating with debt some believe will result in cuts to purses, a 20-member group has been working toward long-term solutions to bring the organization back to financial stability.